On June 1, Royal Corp. began operating a service company with an initial cash investment by shareholders of $2,000,000. The company provided $6,400,000 of services in June and received full payment in July. Royal also incurred expenses of $3,000,000 in June that were paid in August. During June, Royal paid its shareholders cash dividends of $1,000,000. What was the company's income before income taxes for the two months ended July 31 under the following methods of accounting? 
Definitions:
Mary
A central figure in Christianity, known as the mother of Jesus Christ, revered for her purity and devotion.
Virgin and Child
A common subject in Christian art depicting Mary, the mother of Jesus, holding the infant Jesus, symbolizing maternal love and the importance of the Christ child.
Chartres Cathedral
A historic French cathedral renowned for its Gothic architecture, stained glass windows, and status as a major pilgrimage destination.
Early Christian
Pertains to the period and art forms associated with Christians and the Christian Church from its beginning until the end of the Roman Empire.
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